Unconventional Assets

Lario’s inventory of lower risk locations targeting the Bakken/Three Forks Play in North Dakota, the Woodford Shale in Oklahoma,  and the Mississippian Chert in Kansas are continually being developed.  Lario's large drilling inventory will provide Lario with very attractive opportunities for decades.   In addition, Lario's new Niobrara position in Colorado continues to grow, providing a strong operational base in the new emerging Niobrara horizontal play.

Unconventional Thinking

With continued success, our commitment to our “unconventional” assets will continue. We anticipate continued strong performance and significant growth potential with these assets. Impressive and sustainable production rates have been demonstrated in our Middle Bakken/Three Forks play in ND and in the Arkoma Woodford Play. During 2010, over 85% of our CAPEX will go towards developing our resource projects with excellent reserve growth potential.